ArborGen Holdings Issues New Shares

Capital Change Notice




Section 1: Issuer information
Name of issuer ArborGen Holdings Limited
NZX ticker code ARB
Class of financial product Ordinary
ISIN (If unknown, check on NZX website) NZRBCE0001S3
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 1,493,076
Nominal value (if any)
Issue/acquisition/redemption price per security
Issued under the LTI Plan for nil
consideration
Nature of the payment (for example, cash or other
consideration)
No cash consideration is payable. The
consideration is for services rendered by
the participant over the 2021 LTI Plan
period.
Amount paid up (if not in full) Full
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the
number of Financial Products of the Class,
excluding any Treasury Stock, in existence)
0.299%

For an issue of Convertible Financial Products or
Options, the principal terms of Conversion (for
example the Conversion price and Conversion date
and the ranking of the Financial Product in relation
to other Classes of Financial Product) or the Option
(for example, the exercise price and exercise date)
n/a
Reason for issue/acquisition/redemption and
specific authority for issue/acquisition/redemption/
(the reason for change must be identified here)
Entry into Conditional Restricted Share
Unit Agreement (RSU Agreement) to
receive ArborGen RSUs, in relation to the
ArborGen 2021 LTI Plan.
Any RSUs awarded under the RSU
Agreement will vest as ARB Ordinary
Shares in three equal tranches on three
separate vesting dates, provided that the
holder of the RSU remains employed by
the ArborGen group on the applicable
vesting date.
Total number of Financial Products of the Class
after the issue/acquisition/redemption/Conversion
(excluding Treasury Stock) and the total number of
Financial Products of the Class held as Treasury
Stock after the issue/acquisition/redemption.
501,232,129
In the case of an acquisition of shares, whether
those shares are to be held as treasury stock
n/a

Specific authority for the issue, acquisition, or
redemption, including a reference to the rule
pursuant to which the issue, acquisition, or
redemption is made
Rule 4.6
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
n/a
Date of issue/acquisition/redemption 9/7/2021
Section 3: Authority for this announcement and contact person
Name of person authorised to make this
announcement
Sharon Ludher-Chandra
Contact person for this announcement Sharon Ludher-Chandra
Contact phone number 09 356 9800
Contact email address info@arborgenholdings.com
Date of release through MAP 9/7/2021

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ArborGen Holdings Issues New Shares Under
the Executive Long Term Incentive Plan


9 July 2021 –

Following confirmation that the first (US$2.3 million) loan received under the CARES Act
Paycheck Protection Program has been forgiven, ArborGen Holdings today issued 1,493,076
new shares in relation to its FY2021 Long Term Incentive (2021 LTI) Plan. 1,029,257 of those
shares represent the first of three equal tranches awarded under the 2021 LTI Plan. One
retiring employee has been issued all three tranches (463,819 shares) under the terms of the
plan.




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To: NZX From: Sharon Ludher-Chandra

Further information on ArborGen Holdings Limited can be viewed at our web site http://www.arborgenholdings.com.